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Posted by
Two Blokes Jun 13 -
Filed in
Forex
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GBP/USD climbed into fresh 40-month highs on Thursday, closing above the 1.3600 handle for the first time in over three years. Broad-market investor sentiment climbed after US Producer Price Index (PPI) inflation figures came in cooler than expected, pummeling the US Dollar as investors pile back into bets of a Federal Reserve (Fed) rate cut in September.
